North America Commercial HVAC Market Share

Market Share of North America Commercial HVAC Industry

The North American commercial HVAC market is fragmented, favorably competitive, and has several prominent players. The market performers are focusing on expanding their consumer base across the region by leveraging strategic collaborative initiatives to increase their market share and profitability. These enterprises leverage strategic collaborative initiatives to boost their market share and profitability. Carrier Corporation, Daikin Industries Ltd, Robert Bosch GmbH, Lennox International Inc., and Johnson Controls International PLC are among the major players in the market.

• May 2024: The Stelpro and Innovair Solutions groups announced a strategic partnership to stimulate growth and transform the future of the HVAC market. This collaboration marked a major milestone for entities, strengthening their position in the North American market and propelling their future growth. Both companies will offer a diversified range of thermal comfort and indoor air quality solutions to meet the needs of the commercial, residential, industrial, and institutional markets under 15 renowned brands.
• May 2024: Daikin Industries announced a strategic partnership with its subsidiary Alliance Air Products to expand its manufacturing capabilities to support sustainable data center growth across North America.

North America Commercial HVAC Market Leaders

1. Daikin Industries, Ltd.

2. Carrier Corporation

3. Lennox International Inc.

4. Johnson Controls International Plc

5. Robert Bosch GmbH

*Disclaimer: Major Players sorted in no particular order